B2Gold (BTG) EBITDA (2012 - 2026)
B2Gold (BTG) posted EBITDA of $400.4 million for Q2 2026, down 1.49% on a QoQ basis from $406.5 million in Q1 2026, and up 76.54% year-over-year from $226.8 million in Q2 2025.
Analysis
B2Gold (BTG) EBITDA (2012 - 2026) Analysis & Trends
B2Gold has reported EBITDA for 15 years, with the latest figure at $400.4 million in Q2 2026.
- On a quarterly basis, EBITDA rose 76.54% year-over-year to $400.4 million in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 620.06% increase from a year earlier, with the FY2025 full-year figure at $941.4 million, up 252.89% from the prior year.
- EBITDA was $400.4 million for Q2 2026 at B2Gold, down from $406.5 million in the prior quarter.
- The five-year high for EBITDA was $406.5 million in Q1 2026, with the low at -$650.2 million in Q3 2024.
- Average EBITDA over 5 years is $65.3 million, with a median of $64.3 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: EBITDA slumped 778.16% in 2024, then surged 963.8% in 2025.
- Over 5 years, EBITDA stood at $101.4 million in 2022, then sank by 242.11% to -$144.2 million in 2023, then jumped by 123.94% to $34.5 million in 2024, then soared by 963.8% to $367.1 million in 2025, then increased by 9.06% to $400.4 million in 2026.
- The last three EBITDA figures came in at $400.4 million (Q2 2026), $406.5 million (Q1 2026), and $367.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 1.01 Bn |
| 2 | Barrick Mining | 74.19 Bn | 68.26 Bn | 2.90 Bn | 2.73 Bn |
| 3 | AngloGold Ashanti | 52.70 Bn | 49.74 Bn | 1.70 Bn | 1.74 Bn |
| 4 | Alamos Gold | 14.98 Bn | 14.30 Bn | 587.30 Mn | 357.30 Mn |
| 5 | Iamgold | 11.53 Bn | 11.03 Bn | 415.10 Mn | 378.50 Mn |
| 6 | Eldorado Gold | 8.68 Bn | 8.12 Bn | 302.67 Mn | 281.10 |
| 7 | Buenaventura Mining | 8.59 Bn | 7.63 Bn | - | 297.20 Mn |
| 8 | Equinox Gold | 7.68 Bn | 7.84 Bn | 428.20 Mn | 253.60 Mn |
| 9 | B2Gold | 7.08 Bn | 7.08 Bn | 308.29 Mn | 400.42 Mn |
| 10 | Centerra Gold | 6.32 Bn | 5.86 Bn | 433.81 Mn | 152.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 400.42 Mn |
| Mar 31, 2026 | 406.49 Mn |
| Dec 31, 2025 | 367.14 Mn |
| Sep 30, 2025 | 228.20 Mn |
| Jun 30, 2025 | 226.81 Mn |
| Mar 31, 2025 | 119.28 Mn |
| Dec 31, 2024 | 34.51 Mn |
| Sep 30, 2024 | -650.23 Mn |
| Jun 30, 2024 | -64.20 Mn |
| Mar 31, 2024 | 64.18 Mn |
| Dec 31, 2023 | -144.17 Mn |
| Sep 30, 2023 | -74.05 Mn |
| Jun 30, 2023 | 64.48 Mn |
| Mar 31, 2023 | 78.76 Mn |
| Dec 31, 2022 | 101.45 Mn |
| Sep 30, 2022 | -39.68 Mn |
| Jun 30, 2022 | 15.94 Mn |
| Mar 30, 2022 | 40.84 Mn |
| Dec 31, 2021 | 114.81 Mn |
| Sep 30, 2021 | 106.71 Mn |